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Social Adult Daycare In New York For Sale

New York, US
Asking Price:
$1,750,000
Sales Revenue:
$1,259,523
Cash Flow:
$516,000

LISTING ID: 35571

Large well-run (6,700 sq ft) active Brooklyn Social Adult Day Care Center facility and densely populated central Brooklyn area. Eight valuable MLTC contracts are in place. Open 3 days a week with one AM shift. 90 active members with average weekly visits of over 220 per week, plus 45 food delivery and tele-health members. Certificate pf Occupancy for 144 people. Owns one van and uses 2-3 contractors for member transport. All routes are within 30 minutes of the center. Billing approximately $27,000 per week and growing. Ten (10) full-time employees and four (4) part-time employees. Open during COVID, providing telehealth and food deliveries to its members. Fully staffed facility with a great director, marketer, social worker, and fully trained staff. Home care referral sources. Nutritious meals and snacks are served and prepared on site. This is a safe, supportive, cheerful environment with a great marketing team. Medicaid recipients only. There is a planned program of activities to promote social and health-related services. Full daily programs are offered three days per week, from 9am to 2 p.m., with day trips for participants. The new owner can add a second afternoon shift for additional revenue. There is a dance floor, arts and crafts room, computer room, relaxation room, salon, and more. Proof of funds and relevant prior business background are required for the seller’s permission to release the name and location of the facility, for a call or meeting with the owners, and to see the facility. No bank financing was considered. Call the broker, Joseph Stansky, for more details.

Business Operation

Reasons for selling:

Seller is relocating

Employees:
10 FT/4 PT
Years established:
6

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

1,250,000.00 Down & $500k over 3 years @ 5%

Furniture / Fixtures value:
$150,000